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Definitions

overdraft

[oh-ver-draft, -drahft] / ˈoʊ vərˌdræft, -ˌdrɑft /




Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The mysterious addressee was then sent seven letters, a bank card, a PIN, overdraft limit warnings and a warning that an outstanding debt could be referred to a credit reference agency.

From BBC

He noted that consumers have not been deterred by other banking scandals, including the $3.7 billion penalty Wells Fargo was ordered to pay in December over its mismanagement of loans and overdraft fees.

From Washington Post

The push for stronger regulation comes as state lawmakers consider a bill that aims to clamp down on the frenzy of agricultural well-drilling in areas where groundwater supplies are considered to be in “critical overdraft.”

From Los Angeles Times

Losing track of payments can be especially dangerous if they’re linked to a debit card since overdraft fees can be triggered if money isn’t transferred over in time.

From Seattle Times

Before the practice was banned, some banks would automatically enroll people who opened a new checking account with overdraft protection “as a courtesy” — only to charge hefty fees when it was used.

From Washington Post